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Foaps would be a single point for accepting online food-delivery orders made through multiple apps such as Zomato, Swiggy, Foodpanda, Amazon restaurant, and Dunzo.
Upon closing of the fund raise, Info Edge's shareholding in Zomato shall stand reduced to about 20.8 per cent on fully converted and diluted basis.
The place is surrounded by paddy fields and the idli is made by families belonging to the Mudaliar community living along the Elappully and Kunnachi – Puthussery Roads in Ramassery.
Predictably, youngsters prefer online food apps but homemakers find it convenient to phone the nearby grocery store and ask it to deliver the grocery and eatables at the doorstep.
Is there an explanation to why the online food delivery market has recovered to (and even grown beyond) pre-COVID levels in a number of large pockets in the country?
Keeping the sensitive situation in mind, one can see how the only revenue-source on which the restaurateurs are depending on, is this home-delivery model.
Of the positive cases today, 17 had contracted the disease through contact. While 152 came from abroad, 52 came from neighbouring states.
The agitation comes in the backdrop of the killing of 20 Indian soldiers in a clash with Chinese troops in eastern Ladakh's Galwan Valley on June 15.
Alibaba-backed Indian grocery venture BigBasket has also won approval to deliver alcohol in the state.
The technical proposal issued by the start-up mission had stated that the app should give the user the option to select the outlet. The app, however, does not offer that choice.